Transfer-pricing treatment of ITeS margins excludes pass-through tax recoveries and separate delayed-receivables interest after working-capital adjust...
Capacity-utilisation adjustments under TNMM can neutralise substantiated COVID-related idle costs where underutilisation materially affects profitabil...
TNMM functional comparability requires excluding rice manufacturers from a pure Basmati rice trader's benchmark and recognising operating export recei...
Working-capital adjustment subsumes delayed-receivable effects in TNMM benchmarking of captive software-development services, avoiding separate notion...
Transfer-pricing comparability requires exclusion of financially illogical super-profit comparables and correction of unsupported annual-report and ma...
Charitable character assessment preserves Section 80G approval despite inclusive spiritual teachings and incidental religious expenditure within the s...
Penalty proceedings for cash-loan acceptance require assessment proceedings and recorded Assessing Officer satisfaction; absent these, the proceedings...
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The mutual fund lite asset management company shall abide by various obligations specified in the regulations. Key requirements include exercising due diligence, obtaining necessary approvals, ensuring compliance with regulations and code of conduct, managing schemes independently without conflicts of interest, maintaining adequate systems and controls, proper disclosures, grievance redressal mechanisms, and submitting periodic reports to trustees and SEBI. The board of directors and key personnel like CEO, fund managers, dealers have specified responsibilities regarding compliance, risk management, and protecting unitholders' interests. Restrictions are imposed on transactions with associates and brokers to prevent conflicts of interest.
The mutual fund lite asset management company shall abide by various obligations specified in the regulations. Key requirements include exercising due diligence, obtaining necessary approvals, ensuring compliance with regulations and code of conduct, managing schemes independently without conflicts of interest, maintaining adequate systems and controls, proper disclosures, grievance redressal mechanisms, and submitting periodic reports to trustees and SEBI. The board of directors and key personnel like CEO, fund managers, dealers have specified responsibilities regarding compliance, risk management, and protecting unitholders' interests. Restrictions are imposed on transactions with associates and brokers to prevent conflicts of interest.
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